Roxwood Medical, Inc.
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The Dutch firm expects the financing to advance its novel asset Microlyse into a potentially pivotal study for a rare blood disorder.
Complications with inferior vena cava (IVC) filters and subsequent patient-injury lawsuits have made this a tricky space for medical technology innovators, but BTG has not been deterred. The UK company has entered the fray with a technology developed by Novate Medical, and as a bioconvertible product BTG believes it has key advantages compared with other offerings.
Derived from Strategic Transactions, Informa’s premium source for tracking life sciences deal activity, the Dealmaking column is a survey of recent health care transactions listed by relevant industry segment – In Vitro Diagnostics, Medical Devices, and Pharmaceuticals – and then categorized by type – Acquisition, Alliance, or Financing. This month’s column covers deals announced in October 2017.
Crossing occluded arteries with traditional catheters and guidewires is problematic because they tend to buckle, rather than penetrate occlusions. Roxwood Medical Inc. has developed products that incorporate a self-expanding stent-like scaffold that stabilizes guidewires and/or microcatheters in the center of the artery to facilitate access across complex lesions.